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Court: New Jersey Must Make Full Contribution to Pension System

A New Jersey Superior Court judge on Monday ruled that Gov. Chris Christie acted outside the law when he cut state pension contributions by more than $2 billion through fiscal year 2015. Through FY 2015, the state’s scheduled pension contribution was $3.85 billion; but in an effort to divert funds to the general budget, Christie cut the pension payment ...
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New Jersey Lawyers: 2011 Pension Reforms Invalid, State Doesn’t Have to Contribute to Pension System

New Jersey’s lawyers argued in court yesterday that Chris Christie was acting legally when he cut the state’s pension contribution last year by over $1 billion. They argued that it didn’t matter that the state’s 2011 pension law – signed by Christie – mandated full pension payments from the state, because that law is unconstitutional. More ...
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Top Police Union Official Says Christie Used “Bait and Switch” on Pensions

The New Jersey Police Benevolent Association is one of the dozen unions that filed a lawsuit against the state when Chris Christie opted to cut the state’s pension contributions by over $2 billion in 2014 and 2015. And while lawyers are arguing the case in the courtroom, NJPBA president Patrick Culligan made his case in a letter to members this week, ...
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Judge Hears More Arguments Thursday In Fight Over New Jersey Pension Payment Cuts

A Superior Court judge on Thursday will hear the latest round of arguments in the battle between New Jersey and public-employee unions. The unions are suing the state after Chris Christie cut the state’s pension contribution by nearly $1.5 billion and used the money to over shortfalls in the general budget. From NorthJersey.com: If Judge Mary Jacobson ...
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Christie’s 2017 Challengers Already Forming Pension Policies

New Jersey’s next gubernatorial election is still three years away – but Christie’s potential Democratic challengers are already meeting with stakeholders and gearing up their pension policies. Those potential challengers include Senate President Stephen Sweeney, Assemblyman John Wisniewski, former U.S. ambassador Philip Murphy and Jersey City ...
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New Jersey Lawmaker: Turn Pension Management Over To Unions

  New Jersey Senate President Steve Sweeney (D-West Deptford) offered up a new idea for pension management during an interview on Monday: let unions manage their members’ pensions. The verbal proposal was short on details, but it would certainly be a dramatic change. From NJ Biz: “I think we need to turn the pensions over to the unions, where ...
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NJ Newspaper: We Don’t Trust Christie’s Pension Panel

The Daily Record released a scathing editorial today denouncing the efficacy of New Jersey’s Pension and Benefit Study Commission and the motives behind its creation. The editorial claims that Christie put the panel together to act as a political shield when he eventually cuts worker benefits – which Christie has said will be a major part of the ...
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Unions Rev Up New Appeal In New Jersey Pension Case – Read the Full Complaint Here

Unions lost the first round in the pension case playing out in New Jersey, when a judge ruled last week that New Jersey was too cash-strapped to make its full contribution to the pension system. The state instead diverted that money, totaling over $800 million, towards balancing the state budget. Unions were hoping, and still are, for a court ruling ...
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